What Are Moving Averages and Why Are They Important?

Published: January 23, 2021

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The media is buzzing about Joe Biden's inauguration and what a Democrat-controlled government could mean for the U.S. economy and stock market.

Any time big news like this breaks, it has the potential to impact stocks and cause market volatility. And this new "changing of the guard" couldn't come at a more tenuous time.

WealthPress Head Trader Roger Scott has been warning his readers for weeks that the broader indexes are looking overstretched… meaning they could snap back at any moment.

We're not saying this is going to be the catalyst that shakes up the market, but it doesn't hurt to start preparing now for a changing climate.

To get you started, Roger and Tom Busby teamed up to bring you a timely training seminar. In it, they'll show you how to spot stocks set to climb regardless of headline news or market volatility.

See What Roger and Tom Have Prepared

MovingAverages and Why They're Important

I get a lot of questions from readers and viewers, and people often want to know more about moving averages and why they're important.

Chart watchers and market technicians use moving averages to understand ongoing market trends. These can be over short periods like hours, days and weeks, and you can also go back hundreds of days and even years for historical references like all-time highs.

The two most popular are the 50-day moving average, and the 200-day. Check out my video and you'll be reading charts like a chartered market technician.

See Why Moving Averages Are So Important

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